Outokumpu – Announcement regarding change in holdings

Outokumpu Oyj

Stock exchange release    

February 14, 2020 at 5.15 pm EET

Outokumpu – Announcement regarding change in holdings

Outokumpu Oyj (business identity code: 0215254-2) has on February 13, 2020 received a notification based on Chapter 9, Section 5 of the Finnish Securities Market Act. Société Générale SA’s total holding in the shares and voting rights of Outokumpu rose above 5% threshold and was 5.12% on February 7, 2020. Their earlier holding in the Outokumpu shares and voting rights was below minimum threshold.

  

Total direct and indirect holdings of Société Générale SA according to the notification:  
  % of shares and voting rights (total of A) % of shares and voting rights through financial instruments (total of B) Total of both in % (A + B) Total number of shares and voting rights of issuer  
 
Resulting situation on the date on which threshold was crossed or reached 0.14% 4.98% 5.12% 416,374,448  
Position of previous notification (if applicable) Below minimum threshold Below minimum threshold Below minimum threshold    
Notified details of the resulting situation on the date on which the threshold was crossed or reached:  
A: Shares and voting rights  
Class/type of shares Number of shares and voting rights % of shares and voting rights  
 
    Direct
(SMA 9:5)
Indirect
(SMA 9:6 and 9:7)
Direct
(SMA 9:5)
Indirect
(SMA 9:6 and 9:7)
 
FI0009002422  595,926 0  0.14% 0%  
SUBTOTAL A  595,926 0.14%  
   
   
B: Financial Instruments according to SMA 9:6a  
Type of financial instrument Expiration date Exercise/Conversion Period Physical or cash settlement Number of shares and voting rights % of shares and voting rights  
 
Equity Linked Swap on Basket 06/03/2020 06/03/2020 Cash 1,200,00 0.29%  
OTC Call Option on Basket 03/01/2033 Until 03/01/2033 Cash 8,875,949 2.13%  
Contract For Difference N/A N/A Cash 571,343 0.14%  
OTC Put Option 03/01/2025 Until 03/01/2025 Cash 600,000 0.14%  
Listed Call Warrant 03/01/2033 Until 03/01/2033 Cash 8,875,949 2.13%  
Listed Put Warrant 03/01/2025 Until 03/01/2025 Cash 200,000 0.05%  
Listed Put Warrant 03/01/2025 Until 03/01/2025 Cash 200,000 0.05%  
Listed Put Warrant 03/01/2025 Until 03/01/2025 Cash 200,000 0.05%  
Listed Put Warrant 03/01/2033 Until 03/01/2033 Cash 13,123 0.00%  
      SUBTOTAL B 20,736,364 4.98%  
                   

 

 

Outokumpu has a total of 416,374,448 shares. Each share carries one vote. Outokumpu currently holds 4,599,733 treasury shares.

For more information:

Reeta Kaukiainen, EVP – Communications and IR, tel. +358 50 522 0924

Outokumpu Oyj


Outokumpu is the global leader in stainless steel. We aim to be the best value creator in stainless steel through customer orientation and efficiency. The foundation of our business is our ability to tailor stainless steel into any form and for almost any purpose. Stainless steel is sustainable, durable and designed to last forever. Our customers use it to create civilization’s basic structures and its most famous landmarks as well as products for households and various industries. Outokumpu employs 10,000 professionals in more than 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com

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